5 big changes! October 1 | September is over and October has begun. From October 1, the country will see a number of major changes ranging from LPG cylinder prices to changes in credit card and Sukanya Samriddhi and PPF account rules. Let’s learn about 5 such big changes…
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LPG Price | LPG Prices –
LPG cylinder prices are changing on the first day of the month. A look at IOCL’s website shows that the prices of commercial gas cylinders from Delhi to Mumbai were hiked on September 1. After this, the price of a 19 kg LPG cylinder in the capital Delhi will be reduced from Rs 1652.50 to Rs 1691.50 from September 1, 2024.
ATF and CNG-PNG Rates –
Along with the change in LPG cylinder prices on the first day of the month across the country, oil marketing companies may also increase the prices of aviation fuel i.e. Air Turbine Fuel (ATF) and CNG-PNG.
HDFC Bank Credit Card –
The third change is related to HDFC Bank. Loyalty program has been changed for credit card if you are also HDFC Bank customer. The new rules will come into effect from October 1, 2024.
Sukanya Samriddhi Yojana –
A major rule change related to the Sukanya Samriddhi Account scheme run by the central government especially for girls has been changed. This change will be effective from October 1, 2024. Under this, only legal guardians of girls can operate these accounts. According to the new rules, if a girl’s SSY account is opened by a person who is not her legal guardian, she has to transfer the account to the natural parent or legal guardian. Failure to do so may result in account termination.
Three rules related to PPF account
The Public Provident Fund (PPF) scheme operated under the Post Office’s Small Savings Schemes is set to undergo three major changes. This change will be effective from October 1, 2024 i.e. from next month. On August 21, 2024, the Department of Economic Affairs under the Union Ministry of Finance issued guidelines regarding the new rules, under which three new rules of PPF will be implemented. Under this action will be taken against those who have more than one account.